For added convenience using Scan to Pay, FNB customers can enable the FNB App ‘Scan to Pay’ widget on their smartphones. Alternatively, they can select the Payments option on the FNB App - login and select FNB Pay, then click on ‘Scan to Pay’.
This will be the first phase of the rollout with further QR code payment channels soon to be introduced at major retailers across the country.
Thokozani Dlamini, FNB Merchant Services CEO says the ability to process convenient, efficient and safer payments in a cost-effective manner continues to be essential for businesses. "Digital payment solutions not only lower the cost of usage for merchants but drive wider financial inclusion and acceptance – helping consumers move away from cash," he says.
This new payment option is powered by Masterpass, Mastercard’s digital payment service, which is interoperable with most major domestic QR payments services.
“We are fortunate in that our market leader position and continued digitisation of our banking platform enables us to benefit from scale. Consequently, we are able to reach a significant number of merchants in SA, while providing them with industry-leading and affordable banking solutions. This coupled with our initial partnership with Engen, which has the largest service station footprint in South Africa, will go a long way in helping us to accelerate the adoption of digital payment solutions in the country,” adds Dlamini.